Banning Shareholder Suits: Corporate Charter Arbitration Clauses

Suppose a corporate board proposes, and shareholders approve by majority vote,  a charter amendment providing that all intra-corporate disputes, such as shareholder securities fraud or fiduciary duty suits, be submitted exclusively to binding arbitration.  Would that be valid under state corporation law?  Would federal arbitration law require that it be validated, without regard to whether it would be invalid under state corporation law?

via www.concurringopinions.com